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Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Jul 21, 2025, 5:00 PM CDT BP has sold its US onshore wind power business, indicating a strategic shift away from renewables and back towards its traditional oil and gas operations. This move by BP reflects a broader trend in the energy industry where major companies are re-evaluating the financial viability of low-carbon energy projects due to lower-than-expected returns. The article highlights challenges facing wind and solar companies, including political factors like President Trump’s energy agenda, which are impacting the sustainability of renewable energy projects. BP has sold its onshore wind power business in the United States. The news comes amid a steady flow of reports that both wind and solar companies are in major trouble, thanks to President Trump’s energy agenda and a small but meaningful Republican majority in Congress. It is the latest in a string of developments that raise questions about the financial sustainability of transition energy projects. For BP, the move represents another step away from wind and solar and back to oil and gas, as indicated by the company’s senior management repeatedly over the past year. In the broader industry context, it is indicative of the overall retreat of Big Oil from business ventures that do not yield the expected profits, even with the subsidies that governments are willing to shower over businesses involved in wind and solar. “We have been clear that while low carbon energy has a role to play in a simpler, more focused bp, we will continue to rationalize and optimize our portfolio to generate value.” BP’s vice president for gas and low-carbon energy, William Lin said in comments on the news of the divestment. It involved a portfolio of 1.3 GW in already existing capacity, which will now join the portfolio of LS Power, the buyer. Indeed, BP has been clear that it is going back to what it does best and what makes it money, especially at a time of rife speculation in the media that the company should put itself up for sale and let Shell buy it because that’s the tie-up that makes the most sense. Shell has denied the news, quite officially, but it is a fact that BP is not in as good a shape as it could be—and some are blaming its transition course, charted by now former CEO Bernard Looney. Under Looney, BP struck off into the green direction with determination and a whole new set of priorities. The company promised to decarbonize fast and furiously and go from being a Big Oil major to a Big Power major in a matter of a few short years. It did not work. Less than five years after the initial announcement of the green pivot, BP scrapped its ambition to boost its power generation from wind and solar 20-fold by 2030 and abandoned earlier plans to reduce oil and gas production to cut emissions this year. All this happened early in the year as evidence mounted that wind and solar may be a noble goal, but they are not a money-making business, at least not on the scale that oil and gas generate profits. Then the Trump factor came on stage, and it came with a bang. The U.S. president has made no secret of his aversion to wind power, and one of the first things he did when he came into office was to suspend new turbine construction, likely causing major panic among developers who assumed their projects would be secure. Indeed, there is sound reason for panic. A recent report by Enverus found that just 57% of wind power projects in the United States would survive the One Big, Beautiful Bill. This means that as much as 43% are under threat of getting destroyed by the end of subsidies, but solar is doing even worse – Enverus estimated that just 30% of solar capacity is resilient to the end of subsidies. It appears BP’s management is acutely aware of these developments. It is also on course to generate $20 billion from various divestments per strategic plans made public earlier this year. For this year, the divestment target is between $3 and $4 billion, with $1.5 billion already completed by April. The company did not disclose the size of the wind divestment deal. Meanwhile, BP is moving back to Libya, which it left along with other supermajors when the civil war broke out over a decade ago. Earlier this month, the company signed a preliminary deal with the National Oil Corporation for the redevelopment of two big fields in the Sirte Basin. BP will also reopen its office in the country by the end of the year, the Financial Times reported. Out of wind and solar and back to oil and gas, the course seems to be for Big Oil. Yet this is not the complete picture. The supermajors have invested heavily into their diversification into things like power generation from low-carbon sources, carbon capture, and other alternative energy sources, mostly under pressure from governments but also, probably, out a genuine desire to diversify in order to become more resilient in the long run. The problem with the wind and solar venture was that it did not generate the returns its advocates promised. Wind and solar energy were to be simultaneously cheap for the consumers and profitable for the producers, even though the two were mutually exclusive by definition. Big Oil has realized this. BP’s divestment is the latest acknowledgment of the fact. But not all is lost for the transition fans. TotalEnergies just announced a major wind power project in Kazakhstan. By Irina Slav for Oilprice.com  More Top Reads From Oilprice.com: Saudi Arabia’s Crude Oil Exports Hit 3-Month High in May Global Natural Gas Production Dropped in May U.S. Supermajors Discuss Development of Oilfields in Iraq Download The Free Oilprice App Today Back

Leon Stille Leon Stille has a background in energy sciences (MSc and BSc) and is pursuing a PhD in energy policy. He currently runs his own company,… More Info Premium Content By Leon Stille – Jul 21, 2025, 4:00 PM CDT Biomethane is steadily gaining ground as a practical and scalable decarbonization tool. Europe leads with supportive policies and grid integration, while North America sees growth driven by transport credits and private investments. Beyond energy, biomethane contributes to circular sustainability by producing low-carbon fertilizers and capturing CO? for reuse. In the fast-paced world of clean energy innovation, biomethane is rarely the star of the show. It doesn’t sparkle like solar, boom like batteries, or stir geopolitical intrigue like hydrogen. But quietly, consistently, and with increasing impact, biomethane is doing exactly what many climate technologies still promise to do someday: replacing fossil fuels today. Produced from organic waste, agricultural residues, and even wastewater sludge, biomethane is essentially upgraded biogas with a methane content high enough to substitute fossil natural gas. It can be injected into existing gas grids, used in transport, or serve as a feedstock for chemicals and fertilizers. In a world scrambling to decarbonize gas use without rebuilding everything from scratch, biomethane is proving to be an invaluable bridge, and in some sectors, a long-term solution. Biomethane in Europe: From policy footnote to energy asset Europe has taken biomethane seriously for longer than most. France, in particular, has emerged as a leader, with a supportive feed-in tariff structure, regional planning, and grid injection mandates. The country now boasts over 600 biomethane plants, with a national target of 20 TWh of production by 2030. In practice, it could exceed that. The UK is also leaning in. Its Green Gas Support Scheme provides financial incentives for anaerobic digestion (AD) plants upgrading biogas into biomethane. The use of biomethane in transport, particularly heavy-duty vehicles, is receiving growing interest as a near-term alternative to diesel in hard-to-electrify fleets. Denmark, Germany, and Italy are similarly accelerating development, often linking biomethane to agricultural policy, waste management, and even rural economic development. It’s an example of what happens when climate goals and circular economy logic align. And importantly, biomethane is not just being blended. In some networks, particularly in rural or islanded areas, it is starting to replace fossil gas outright. This changes the game: from marginal substitution to full decarbonization. North America: From RNG hype to steady deployment Across the Atlantic, biomethane, typically referred to as renewable natural gas (RNG), is gaining traction in the United States and Canada, albeit along a different path. Driven largely by transport credits (like California’s Low Carbon Fuel Standard), RNG has been growing steadily, especially in waste-to-fuel applications. In the U.S., major gas utilities are beginning to invest in RNG as part of their decarbonization pledges, and several states are introducing procurement targets. Canada’s Clean Fuel Regulations and supportive provincial programs are creating space for biomethane to scale in both transport and stationary uses. Related: New Baltic Find Could Be Poland’s Largest Oil Discovery Ever The Inflation Reduction Act, while more prominently associated with hydrogen and CCS, also contains provisions that could bolster RNG. And private sector players, especially in agriculture-heavy states, are investing in manure-based biomethane, with co-benefits in methane mitigation and fertilizer production. Still, the U.S. faces some challenges that Europe has already begun to address: fragmented policy, uneven grid access, and limited visibility in national energy strategy. But the potential is undeniable, and the building blocks are there. Beyond energy: Biomethane’s circular bonus One of biomethane’s most powerful selling points is its integration with other sustainability goals. Anaerobic digestion not only produces gas, but also digestate, a nutrient-rich byproduct that can be used as a low-carbon fertilizer. As synthetic nitrogen fertilizers face rising costs, carbon scrutiny, and supply volatility, digestate offers a regenerative alternative. France and the Netherlands are already exploring large-scale fertilizer substitution through AD outputs. Meanwhile, the CO? released during biogas upgrading, normally considered a waste stream, is increasingly being captured and used in everything from beverage carbonation to greenhouses and even e-fuel production. CO? valorization turns what was once a liability into an asset, improving project economics and climate performance. In this way, biomethane is not just a fuel, it’s a node in a broader circular bioeconomy. It cleans up waste, produces energy, captures carbon, and replaces petrochemicals. Not bad for something that’s been hiding in plain sight. What’s next: Policy, scale, and recognition The next stage in biomethane’s evolution is all about scale and integration. That means: Clear targets: The EU has set a 2030 goal of 35 billion cubic meters (bcm) of biomethane, roughly 10% of current gas demand. Achieving this will require robust national implementation and faster permitting. Infrastructure access: Streamlining injection into gas grids and securing blending rights is critical, especially in North America. Cross-sector planning: Linking biomethane strategies with agriculture, waste management, and fertilizer policy is essential to unlock its full potential. Carbon recognition: Accurately accounting for biomethane’s life-cycle benefits, including methane mitigation and soil health, can unlock additional funding streams and emissions credits. Conclusion Biomethane may not make headlines, but it is shaping the energy transition in very real, very measurable ways. In both Europe and North America, its growth reflects a shift in thinking: that decarbonization isn’t just about the next breakthrough, but about deploying the tools we already have and doing so smartly. In previous publications, I’ve explored how technologies like hydrogen and CCS can help us decarbonize industry and energy systems. Biomethane deserves a place in that same conversation. It’s practical, circular, and increasingly scalable. As policymakers look for fast, affordable, and systemic climate solutions, they shouldn’t overlook the quiet climber. Biomethane is already proving it can rise to the challenge one digester, one pipeline, one molecule at a time. By Leon Stille for Oilprice.com More Top Reads From Oilprice.com Chinese Firm Secures Key Gas Block in Algeria Middle East Conflict Sparks Exodus of Foreign Oil Personnel Chevron Explores Sale of Singapore Refinery

Rystad Energy Rystad Energy is an independent energy consulting services and business intelligence provider offering global databases, strategic advisory and research products for energy companies and suppliers,… More Info Premium Content By Rystad Energy – Jul 21, 2025, 3:00 PM CDT India added a record 22 gigawatts of renewable energy capacity in the first half of 2025, a 57% increase from the previous year, primarily from solar and wind. Despite significant renewable growth, fossil fuels still account for around 75% of India’s electricity generation, and the country plans to install an additional 80 GW of new thermal projects. India’s western states, led by Rajasthan and Gujarat, are at the forefront of the renewable energy rollout, while battery energy storage systems also saw a significant increase in awarded capacity. India added a record 22 gigawatts (GW) of renewable energy capacity in the first half of 2025 – a 57% jump from the 14.2 GW installed during the same period last year. The new capacity includes 18.4 GW of solar, 3.5 GW of wind and 250 megawatts (MW) of bioenergy, which is generated from plant and animal waste. This marks the country’s highest-ever addition in any six-month period. The surge was largely driven by developers moving quickly to take advantage of the government’s Interstate Transmission System charge waiver, which begins at 25% and increases annually until full implementation by June 2028, significantly lowering project costs and incentivizing developers to act now.India is now inching closer to its goal of sourcing 50% of its installed power capacity from clean energy sources, with a total of 234 GW in place, including large hydropower projects. While this growth is positive from a strict emissions reduction perspective, fossil fuels continue to dominate actual energy consumption in the country, accounting for around 75% of electricity generated in the first half of the year from coal, oil and gas-fired plants. Additionally, nuclear power is beginning to play a larger role, with the commissioning of Unit 7 of the Rajasthan Atomic Power Project – a 700-MW unit connected to the northern grid – and government approval for the country’s first small modular reactor (SMR) planned in the northern state of Bihar. However, reliance on coal remains a significant challenge and the role of nuclear energy continues to be debated due to concerns over costs, safety and waste management. India installed 22 GW of renewable energy capacity in the first half of 2025, a new record. However, the country is still banking heavily on coal to meet growing power demand, with plans to install an additional 80 GW of new thermal projects. India is not yet undergoing a true energy transition; instead, it is focusing on building up installed capacity from both conventional and renewable energy sources to ensure energy security. Without urgent action to improve affordability and sustainability, particularly through grid upgrades and energy storage, coal will remain central to electrification efforts, jeopardizing progress toward India’s net-zero goals Sushma Jaganath, Vice President, Renewables & Power Research, Rystad Energy Learn more with Rystad Energy’s Renewables & Power Solution.While India’s renewable energy capacity more than doubled in the first half of the year, battery energy storage systems (BESS) also saw a significant uptick, with 5.4 GW of collocated solar-BESS and 2.2 GW of standalone BESS awarded to developers, marking the country’s highest BESS allocation to date. The strong participation across auctions reflects a growing emphasis on grid stability and renewable integration, with Rystad Energy projecting accelerated growth in the sector over the coming years. Average quoted tariffs stood at around INR 4,000 ($48.02) per megawatt-hour (MWh) for standalone BESS and INR 3,208 ($38.50) per MWh for collocated solar-BESS projects – a downward trend in pricing that could encourage more developers to pursue integrated installations over standalone solar. Among the top developers, Jindal Group secured 990 MW of collocated solar and BESS capacity, while NTPC and ReNew each won 900 MW in the same category. In the standalone BESS segment, JSW Energy was allocated 625 MW and Reliance Power won 525 MW of collocated capacity. Adani Green also participated, securing a 510 MW collocated solar and BESS project, indicating a shift from its previous focus on standalone solar and wind. India’s western states remain at the forefront of the country’s renewable energy rollout. Rajasthan leads with 37.4 GW of installed capacity, driven by 32 GW of solar and 5.2 GW of onshore wind, supported by high solar irradiance and vast desert terrain. Gujarat follows with 35.5 GW, including 21.5 GW of solar and 13.8 GW of wind. Tamil Nadu ranks third, with 11.8 GW of wind and 10.6 GW of solar and is also a top performer in bioenergy, contributing 1 GW of the national total of 11.6 GW. Onshore wind also features prominently in several other states, including Karnataka (7.7 GW), Maharashtra (5.3 GW), Andhra Pradesh (4.4 GW) and Madhya Pradesh (3.2 GW). By Rystad Energy More Top Reads From Oilprice.com: EU Lowers Russian Oil Cap to $47.60 NEOM’s Future Hangs in Balance as Riyadh Tightens Fiscal Belt Unpacking Azerbaijan’s Controversial Energy Market Overhaul Download The Free Oilprice App Today Back to homepage Rystad Energy Rystad Energy is an independent energy consulting services and business intelligence provider offering global databases, strategic advisory and research products for energy companies and suppliers,… More Info Related posts Leave a comment Read More

SAN DIEGO, CA, July 22, 2025 – (ACN Newswire) – Source Intelligence has launched its EUDR solution to help companies simplify deforestation risk management and automate compliance workflows ahead of upcoming enforcement deadlines. Purpose-built for the European Union Deforestation Regulation (EUDR), the SaaS-based solution enables businesses to streamline supply chain traceability, risk assessment, and due diligence reporting. As companies prepare for the regulation’s requirements, failure to comply could result in fines of up to 4% of annual turnover, making early action essential. Source Intelligence Logo Source Intelligence’s logo and “Trust your source” tagline Source Intelligence’s solution enables companies to implement an end-to-end EUDR due diligence workflow, from tracing product origins and validating supplier data to identifying deforestation risk and submitting due diligence statements. A direct integration with the EU TRACES platform allows Source Intelligence to submit statements on behalf of clients as an authorized representative, helping companies streamline final reporting requirements. With Source Intelligence’s EUDR solution, companies can: Enhance supply chain visibility by mapping sub-tier relationships and tracking sourcing activity in real time Identify deforestation risks faster using Article 9-aligned scoring and multi-source environmental datasets Improve efficiency through automation and a direct connection to EU TRACES Reduce compliance risk by proactively flagging high-risk suppliers and sourcing areas using satellite imagery and customizable risk models The platform’s satellite-powered deforestation detection tools assess land use change with precision and provide actionable insights for risk mitigation. These capabilities are bolstered by real-time data validation, customizable risk assessments, and centralized documentation-all designed to help companies operationalize the three-step due diligence process outlined by the European Commission. “The EUDR requires companies to reach deeper into their supply chains, gather more specific data, and act on risk with greater speed,” said Mike Flynn, Chief Product Officer at Source Intelligence. “Our solution is designed to make that process manageable-combining automation, advanced risk screening, and satellite monitoring to help businesses take control of their due diligence obligations before enforcement begins.” While the EUDR is already in force, operators and traders must fully implement the required due diligence process by December 30, 2025. Micro and small enterprises have until June 30, 2026. With deadlines fast approaching, Source Intelligence offers a streamlined path to readiness. Interested organizations are invited to schedule a demo and experience the advanced EUDR solution firsthand. About Source Intelligence Source Intelligence is the leading provider of AI-driven supply chain compliance and sustainability software. Built for mid-market and enterprise manufacturers, our configurable SaaS platform centralizes supply chain data, automates regulatory workflows, and scales with program maturity. Our software blends AI and in-house expert oversight to deliver efficiency without compromising accuracy. From product compliance and EPR to conflict minerals and component obsolescence, we help global compliance teams reduce risk, improve visibility, and meet evolving obligations with confidence. Learn more at www.sourceintelligence.com. Contact InformationAmanda LindbergDirector of Marketingamanda.lindberg@sourceintel.com SOURCE: Source Intelligence Topic: Press release summary Source: Source Intelligence Sectors: Legal & Compliance http://www.acnnewswire.com From the Asia Corporate News Network Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network. Read More

SINGAPORE, JULY 21, 2025 – (ACN Newswire) – AGI research company Sapient Intelligence today announced the open-source release of its Hierarchical Reasoning Model (HRM), a brain-inspired architecture that leverages hierarchical structure and multi-timescale processing to achieve substantial computational depth without sacrificing training stability or efficiency. Trained on just 1000 examples without pre-training, with only 27 million parameters, HRM successfully tackles reasoning challenges that continue to frustrate today’s large language models (LLMs). Beyond LLM Reasoning Limits Current LLMs depend heavily on Chain-of-Thought prompting, an approach that often suffers from brittle task decomposition, immense training data demands and high latency. Inspired by the hierarchical and multi-timescale processing in the human brain, HRM overcomes these constraints by embracing three fundamental principles observed in cortical computation: hierarchical processing, temporal separation, and recurrent connectivity. Composed of a high-level module performing slow, abstract planning and a low-level module executing rapid, detailed computations, HRM is capable of alternating dynamically between automatic thinking (“System 1”) and deliberate reasoning (“System 2”) in a single forward pass. “AGI is really about giving machines human-level, and eventually beyond-human, intelligence. CoT lets the models imitate human reasoning by playing the odds, and it’s only a workaround. At Sapient, we’re starting from scratch with a brain-inspired architecture, because nature has already spent billions of years perfecting it. Our model actually thinks and reasons like a person, not just crunches probabilities to ace benchmarks. We believe it will reach, then surpass, human intelligence, and that’s when the AGI conversation gets real,” said Guan Wang, founder and CEO of Sapient Intelligence. Inspired by the brain, HRM has two recurrent networks operating at different timescales to collaboratively solve tasks [Sapient 2025.07.21] Benchmark Breakthroughs Despite its compact scale of 27 million parameters and using only 1000 input-output examples,all without any pre-training or Chain-of-Thought supervision, HRM learns to solve problems thateven the most advanced LLMs struggle with. In the Abstraction and Reasoning Corpus (ARC) AGI Challenge, a widely accepted benchmark of inductive reasoning, HRM archives aperformance of 5% on ARC-AGI-2, significantly outperforming OpenAI o3-mini-high, DeepSeekR1, and Claude 3.7 8K, all of which rely on far larger sizes and context lengths. In complex Sudoku puzzles and optimal pathfinding in 30×30 mazes, where state-of-the-art CoT methods completely fail, HRM delivers near-perfect accuracy. With only about 1000 training examples, the HRM (~27M parameters) surpasses state-of-the-art CoT models on ARC-AGI, Sudoku-Extreme, and Maze-Hard [Sapient 2025.07.21] The Sapient Intelligence team is already running new experiments and expect to publish even stronger ARC-AGI scores soon. Real-World Impact HRM data efficiency and reasoning accuracy open new opportunities in fields where large datasets are scarce yet accuracy is critical. In healthcare, Sapient is partnering with leading medical research institutions to deploy HRM to support complex diagnostics, particularly rare-disease cases where data signals are sparse, subtle, and demand deep reasoning. In climate forecasting, HRM raises subseasonal-to-seasonal (S2S) forecasting accuracy to 97 %, a leap that translates directly into social and economic value. In robotics, HRM’s low-latency, lightweight architecture serves as an on-device “decision brain,” enabling next-generation robots to perceive and act in real time within dynamic environments. Path Forward Sapient Intelligence believes that HRM presents a viable alternative to the currently dominant CoT reasoning models. It offers a practical path toward universally capable reasoning systems that rely on architecture, not scale, to push the frontier of AI and, ultimately, close the gap between today’s models and true artificial general intelligence. Availability The source code is available on GitHub at  https://github.com/sapientinc/HRM. About Sapient Intelligence Sapient Intelligence is a global AGI research company headquartered in Singapore, with research centers in San Francisco and Beijing, building next-generation AI models for complex reasoning. Our mission is to reach artificial general intelligence by developing a radically new architecture that integrates reinforcement learning, evolutionary algorithms, and neuroscience research to push beyond the limits of today’s LLMs. In July 2025, we introduced the Sapient Hierarchical Reasoning Model (HRM), a hierarchical, brain-inspired model that achieves deep reasoning with minimal data. With just 27 million parameters and approximately 1,000 training examples, without pre-training, Sapient HRM achieves near-perfect accuracy on Sudoku Extreme, Maze Hard, and other high-difficulty math tasks and outperforms current models that are significantly larger on the ARC-AGI. Early pilot applications will include healthcare, robot control, and climate forecasting. Our fast-growing team includes alumni of Google DeepMind, DeepSeek, Anthropic, and xAI, alongside researchers from Tsinghua University, Peking University, UC Berkeley, the University of Cambridge, and the University of Alberta, working together to close the gap between today’s language models and true general intelligence. For more information, visit www.sapient.inc. Media Contact: genli@sapient.inc press@sapient.inc This press release is issued through EmailWire (www.emailwire.com) – the global newswire service that provides effective, local, statewide, national and international press release distribution with guaranteed results. Topic: New Product Source: Sapient Intelligence Sectors: Cloud & Enterprise, Science & Nanotech, Digitalization, Artificial Intel [AI], Startups http://www.acnnewswire.com From the Asia Corporate News Network Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network. Read More

BANGKOK, July 21, 2025 – (ACN Newswire) – Spacely AI, the Bangkok-based startup bringing generative AI to architecture and interior design, has raised US $1 million in Seed funding led by PropTech Farm Fund III, with participation from Wannaporn Phornprapha (Managing Director, P Landscape Co., Ltd.), Ted Poshakrishna Thirapatana (Founder, UTC Holdings Co., Ltd.), and Mek Srunyu Stittri (former VP Engineering, GitLab). The round follows Spacely AI’s pre-seed investment from SCB 10X. The new capital will accelerate product development and expand the company’s footprint in key global markets. Spacely AI Seed Round Fundraising Infographic Spacely AI’s mission is to help architects win more business, unlock greater creativity, and cut costs. Its cloud suite delivers AI rendering for interior and exterior spaces, intuitive image-editing tools, AI virtual staging, and automated 3D model generation. Fully integrated with SketchUp via Extension Warehouse, the platform is adding support for more leading CAD tools so professionals can work inside the software they already know. “Every architecture firm is rebuilding its workflow around AI,” said Paruey Anadirekkul, CEO of Spacely AI. “Success now depends on how quickly you adapt – especially as clients are already experimenting with these tools.” Seed proceeds will launch Spacely AI’s next-generation 2D-to-3D automation engine, which removes up to 80 percent of manual concept work, establish a U.S. market presence, and equip global partners with sales and co-marketing resources. “Design speed now determines deal speed,” noted Fredrik Bergman, CEO of PropTech Farm. “We at PropTech Farm believe Spacely AI’s instant visualisation turns hesitant prospects into committed buyers long before the first brick is laid.” Wannaporn Phornprapha, Managing Director of P Landscape Co., Ltd., added, “Design workflows can be painfully slow. Spacely AI shows how technology can save time and energy for the work that truly matters.” Over the past year, Spacely AI has grown revenue 10×, served more than 1,500+ architecture and interior-design firms in 50+ countries, and produced over two million unique renders. The company has won 1st Place at the Krungsri Finno Efra Accelerator, People’s Choice at Paddle AI Launchpad, 2nd Runner-Up at the SketchUp Innovation Challenge, 1st Place at the Property Portal Watch Conference, a Top-10 spot in Echelon Top 100 Southeast Asia, and 2nd Runner-Up at Tech in Asia Startup Arena. The Verge recently named Spacely AI one of the most-recommended AI tools for design professionals. Spacely AI invites architects, interior designers, and real estate professionals to integrate AI into their workflows and experience a new standard of speed and creativity. Start a free trial or book a live demo at spacely.ai. Together, Spacely AI and its members will eliminate bottlenecks, spark bold ideas, and win projects faster. About Spacely AI Spacely AI is a SaaS company bringing generative AI to the Architecture, Engineering, and Construction industry. Spacely AI’s mission is to empower design professionals to win more business, unleash greater creativity, and cut project costs. About PropTech Farm PropTech Farm is a venture capital firm investing in early-stage real estate technology companies across Asia-Pacific and Europe. Backed by an experienced team with a track record of successful exits, the firm focuses on startups transforming the built environment across the full lifecycle-from planning and construction to property management and energy optimization. PropTech Farm combines hands-on support with global networks to help founders scale innovative solutions in complex, high-growth markets. PropTech Farm Fund 3 is structured as a sub-fund of Florissant VCC and managed by Swiss-Asia Financial Services. Contact InformationNawinda HanMarketinghello@spacely.ai SOURCE: Spacely AI Topic: Press release summary Source: Spacely AI Sectors: Funds & Equities, Artificial Intel [AI] http://www.acnnewswire.com From the Asia Corporate News Network Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network. Read More

SINGAPORE, July 21, 2025 – (ACN Newswire) – On July 15 2025, to mark the successful secondary listing of China Medical System Holdings Limited (“CMS” or the “Group”) on the Main Board of the Singapore Exchange (“SGX”), SGX and CMS co-hosted the “Singapore and Emerging Markets Pharmaceutical Industry Growth Forum & CMS SGX Secondary Listing Appreciation Dinner”. Held in a grand fashion, the event was held at the Group’s CDMO manufacturing facility, PharmaGend, which is located in Tuas, Singapore. The event brought together about 150 representatives from local government agencies, multinational pharmaceutical companies, innovative biotech companies, leading investment institutions, and the KOLs in the pharmaceutical industry. Through a series of insightful keynote speeches and panel discussions, guests engaged in in-depth exchanges and shared ideas on various topics, such as the pharmaceutical industry’s development in Singapore and emerging markets across the Asia-Pacific region, the breakthroughs and overseas expansion of Chinese innovative drugs, the globalization strategies, commercialization pathways, as well as ecosystem collaboration of innovative pharmaceutical companies. The forum began with opening remarks by Ms. Caihan Chia, Head of Greater China Capital Markets and Chief Representative of Beijing Representative Office at SGX, and Ms. Louise Ho, Assistant Vice President of Healthcare Division and China Desk at the Singapore Economic Development Board. These were followed by keynote addresses from Mr. Siang Sheng Foo, Head of Investment Banking at Singapore CGS International Securities, Mr. Shriharsha Sarkar, Partner for Asia Healthcare at L.E.K. Consulting, and Ms. Kah Yean Neo, Senior Director at Singapore’s Agency for Science, Technology and Research (A*STAR). Ms. Caihan Chia stated that in recent years, SGX has become increasingly attractive to Chinese enterprises through policy refinements, including tax incentives, capital support from the secondary market, and streamlined regulatory procedures. The successful listing of CMS showcases the growing interest among Chinese companies in the Singapore market. As one of leading healthcare companies, CMS’s listing highlights the growing demand for medical innovation and medical service accessibility across Asia. With CMS seeking to expand its business in Southeast Asia, its listing on SGX will serve as a strategic springboard to connect with international investors and further reinforce Singapore’s role as a vital capital hub. Emerging Markets: A New Growth Engine for the Global Pharmaceutical Industry Emerging markets, such as Southeast Asia and the Middle East, are becoming new growth drivers for the global pharmaceutical industry. A combination of factors, including large populations, early signs of ageing, the rise of the middle class, growing health awareness, and the increasing burden of chronic diseases, is driving higher demand for medicines and improved accessibility. According to IQVIA, by 2028, the combined pharmaceutical market size of four major emerging regions – Asia-Pacific, India, Africa & the Middle East, and Latin America – is expected to reach USD 336 – 384 billion, comparable to the USD 410 billion market size projected for Western Europe. Singapore possesses geographical and institutional advantages for accessing Southeast Asia, the Middle East, and other emerging markets. With its robust financial system, open and inclusive policy environment, and thriving pharmaceutical industry, Singapore is increasingly becoming a global hub for capital and innovation. It has also become the preferred location for regional headquarters for many Chinese enterprises expanding into Southeast Asia. Seizing Opportunity: Strategic Pathways for Chinese Innovative Pharma to Expand into Emerging Markets In Southeast Asia’s six major economies (SEA6), limited healthcare coverage means that out-of-pocket payments constitute the primary source of drug expenditure. While generics dominate, branded originator drugs continue to hold significant market share in private hospitals, retail pharmacies, and clinics. Patient demand for biologics and biosimilars continues to grow. In terms of commercialization models, traditional distribution model, which relies on third-party logistics (3PL), is gradually giving way to models with stronger commercial capabilities and strategic licensing partnerships. To achieve sustainable success in Southeast Asia, pharmaceutical companies must build competitive product portfolios, leverage experienced local sales teams, and consider establishing localized manufacturing capabilities, widely seen as key strategic advantages. The CMS’s Approach: Building Dual Hubs in China and Singapore to Drive End-to-End Innovation With over 30 years of experience in the Chinese market, CMS has accumulated a differentiated product portfolio and mature commercialization capabilities. Today, the Group is expanding its strategic vision across the Asia-Pacific region, using China as a foundation and Singapore as its regional hub. Through an end-to-end value chain of “R&D–manufacturing–commercialization–investment”, CMS is driving innovation to deliver high-quality pharmaceutical products and services to patients worldwide. Mr. Lam Kong, Chairman, Chief Executive and President of CMS, delivered a keynote speech titled “New CMS, New Ascent: Three Strategies to Drive the Second Growth Curve.” He shared that since launching its “New CMS” transformation strategy in 2018, the Group has propelled growth through three engines — product innovation, commercial transformation, and international expansion. This has enabled the Group’s transition from “China’s largest CSO” to “a pharmaceutical company in transformation,” and finally, to “an end-to-end innovative pharmaceutical enterprise”, with a sustainable second growth curve. In product innovation, driven by a three-dimensional approach of “Licensing, Strategic partnerships, and in-house R&D”, the Group has built a pipeline of nearly 40 FIC/BIC innovative drugs, five of which have been approved in China and are in large-scale clinical use. In the area of commercialization, CMS remains focused on cardio-cerebrovascular, gastroenterology, ophthalmology, and skin health specialties, while enhancing anti-cyclical resilience through a diversified ecosystem of “New retail, E-commerce, and Consumer healthcare”. Its skin health subsidiary, Dermavon, has become a niche market leader in China and is now progressing toward a spin-off for an independent listing on the Hong Kong Stock Exchange. In the area of globalization, CMS is creating a dual-track model centred in China and Singapore, using a strategy of “bringing in” to accelerate overseas product launches in China, and a strategy of “moving outward” to establish an end-to-end presence in emerging markets. The successful listing on SGX will enhance its regional synergy and close the loop in the “R&D – Manufacturing – Commercialization – Investment” global value chain, unlocking growth from emerging markets and creating a multi-regional

Brisbane, Queensland, Australia–(ACN Newswire – July 21, 2025) – Graphene Manufacturing Group Limited (TSXV: GMG) (OTCQX: GMGMF) (“GMG” or the “Company”) is pleased to provide an update to the composition of the Company’s Technical Advisory Committee which will support the Company as it proceeds into its next phase of development. The Company is pleased to announce the addition of Professor Emeritus Doug Hargreaves AM (Australia) to the Company’s Technical Advisory Committee, adding deep insight, experience and connections to GMG. Professor Emeritus Doug Hargreaves AM To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/259441_b86d67f984d8eb7f_001full.jpg Doug is a highly respected Professor Emeritus of Engineering at Queensland University of Technology (QUT), a member of the Order of Australia, previous National President and an Honorary Fellow of the Engineers Australia, Board Member of the Federation of Engineering Institutions in the Asia Pacific and the Executive Officer of the Australian Council of Engineering Deans. Doug has a Doctor of Philosophy (PhD) and a Masters of Science (MSc) with Distinction in Tribology from the University of Leeds. He serves on multiple Committees and Technical Advisory Boards. Doug joins Bob Gaylen (USA), Company Director and the other member of the Technical Advisory Committee. Bob is a highly experienced executive in the battery energy storage world and science/engineering-based communities. Bob was previously the Chief Technology Officer (CTO) of Contemporary Amperex Technology Company Limited (CATL). CATL is widely known as the largest lithium ion battery manufacturer in the world — supplying electric vehicles and high efficiency storage systems. He serves on multiple Committees of Directors and Technical Advisory Boards. GMG’s Managing Director and CEO, Craig Nicol, commented: “We welcome Doug to the global GMG team and we look forward to his valuable insights and working with him as we bring GMG’s novel product portfolio to various industries around the world.” GMG’s Director, Bob Galyen, commented: “Welcome Doug — I look forward to your valuable contribution to the Technical Advisory Committee and help supporting the commercialisation of GMG’s world leading products.” About GMG: GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, ‘tuneable’ and low/no contaminant graphene suitable for use in clean-technology and other applications. The Company’s present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning (“HVAC-R”) coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines. In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries (“G+AI Batteries”). GMG has also developed a graphene additive slurry that is aimed to improve the performance of lithium-ion batteries. GMG’s 4 critical business objectives are: Produce Graphene and improve/scale production processes Build Revenue from Energy Savings Products Develop Next-Generation Battery Develop Supply Chain, Partners & Project Execution Capability Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release. Cautionary Note Regarding Forward-Looking Statements This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends”, “expects” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or will “potentially” or “likely” occur. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, the development of GMG’s product portfolio and the role of the Technical Advisory Committee in doing so. Such forward-looking statements are based on a number of assumptions of management, including access to capital for growth, growth of sales based on ongoing customer feedback, technical product development and scale-up progress, manufacturing and supply chain can be scaled accordingly, the market will accept and buy the Company’s products within the required timeframe, the Company will maintain regulatory compliance and will recruit and retain talent required for growth, the Company will be able to manage geopolitical factors and protect its intellectual property. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: financial viability, technical development and scale-up uncertainty, manufacturing and supply chain complexity, market acceptance, regulatory compliance, talent retention, geopolitical factors, and protection of intellectual property. and the risk factors set out under the heading “Risk Factors” in the Company’s annual information form dated October 3, 2024 available for review on the Company’s profile at www.sedarplus.ca. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.

Branford, CT, July 21, 2025 –(PR.com)– The Premier Automotive Group announced today a “Smarter Way To Buy A Pre-Owned Vehicle” with added benefits and a process that will streamline and install confidence in the car buying process. With new vehicle prices at historic highs, more and more people are turning to pre-owned vehicles as a practical and affordable alternative. But, not all pre-owned vehicles are the same. Every pre-owned vehicle comes with a different history, level of maintenance, option package and even a dealer commitment to reconditioning quality. And, whem it comes to warranties to protect a pre-owned purchase, many dealers offer the bare minimum – or nothing at all. That is where Premier stands apart and provides a way for consumers to have confidence in their purchasing decision. With over 25 years of experience across four Connecticut locations – Premier Subaru (Branford, CT), Premier Kia (Branford, CT), Premier Subaru Middlebury (Middlebury, CT) and Premier VinFast (Branford, CT), the Premier Automotive Group has built a reputation for delivering unmatched value in confidence in every pre-owned vehicle they sell. What Makes Premier different? Warranties that Go Beyond State Law. In Connecticut, used vehicle warranties are typically limited by law to just: – 30 days/1500 miles, or– 60 days/3000 milesdepending on a car’s age and price. Older vehicles (more than 7 model years old) are often sold “as is,” with no warranty protection for a consumer at all. But Not At The Premier Automotive Group: The Premier Automotive Group offers a variety of no-charge warranties, included with a consumer’s purchase, tailored to each vehicle’s make, age, and mileage – including: – Exclusive Nationwide Lifetime Powertrain Warranty – which covers the powertrain (typically the most expensive part of the vehicle to repair) for as long as a purchasing customer owns the vehicle – with unlimited miles. This far exceeds any standard warranty or “factory” certified program in the business. – Exclusive Nationwide Lifetime Engine Warranty – offered on older vehicles that may not qualify for full powertrain coverage. – 6 Month/6,000 Mile Nationwide Limited Powertrain Warranty – Available on vehicles up to 10 model years old and 150,000 miles. Most dealers would sell these cars “as is.” All warranties provided by The Premier Automotive Group are backed and administered by Zurich Insurance, one of the world’s largest and most trusted insurance providers – so a consumer can buy in confidence. Premier Also Offers Transparent Pricing That Saves A Customer Money. The Premier Automotive Group has a transparent and stress free pricing policy. The Premier Automotive Group uses proprietary software to compare similar vehicles nationwide based on their vehicle identification number (VIN). Based on the information they collect on this nationwide analysis, they then price their pre-owned vehicles at or below 95% of market average – offering a customer a 5% to 15% savings on the vehicle immediately and without any type of negotiation. The company’s transparent pricing policy also includes used vehicle reconditioning items and warranty coverage – so there is no haggling, hidden fees or upsells. Unlike may dealerships, the company’s Sales Consultants are non-commissioned – compensated based on customer satisfaction and not the profit on a sale. They means no pressure, no games – just a transparent and respectful buying experience. Exclusive EV Value At Premier VinFast Looking to save even more money and Go Electric? Premier VinFast in Branford isn’t just Connecticut’s home for the newest line of award winning electric vehicles – but, the dealership is also the destination for pre-owned electric vehicles. With a potential savings of 40% of more off the price of a new EV, and access to exclusive incentives, Premier VinFast will allow customers to make the journey to electric vehicles in a easy and stress free way. The Bottom Line From exceptional warranties to transparent pricing to a pressure-free experience, the Premier Automotive Group is redefining what is means to buy pre-owned. Visit one of the Premier Automotive Group dealerships today. Premier Subaru155 North Main Street, Branford, CTwww.premiersubaru.com Premier Kia205 North Main Street, Branford, CTwww.premierkiact.com Premier Subaru Middlebury1660 Straits Turnpike, Middlebury, CTwww.premiersubarumiddlebury.com Premier VinFast150 North Main Street, Branford, CTwww.premiervinfast.com Premier Auto GroupRobert J. Alvine203-481-0687buyatpremier.com Contact Categories Automotive Automotive Repair & Service Business Transportation Read More

Dover, DE, July 21, 2025 –(PR.com)– MomFlex Technologies is proud to announce the launch of the first-ever super app designed specifically for single parents, offering a comprehensive digital ecosystem that combines financial assistance, transportation, job opportunities, wellness tools, and community connection—all in one platform. This milestone marks a significant evolution in how technology can be leveraged to address the real-life challenges faced by single mothers, fathers, co-parents, and guardians. “We built MomFlex to be more than just an app—it’s a movement rooted in resilience, compassion, and the belief that no parent should have to do it alone.” Key Features of MomFlex Super App: Job Listings & Career Support – Discover flexible and inclusive work opportunities.Therapist Listings & FitMind Wellness Tracker – Support mental and physical well-being.Financial Assistance Dashboard – Streamlined access to rental, childcare, and legal support.Rideshare & Ride Tracking – Community-based transportation options and safety tools.ConnectWell Chatrooms, Forums & Meetup Community – Build real-world and virtual support networks. About MomFlexMomFlex is redefining support for single mothers and fathers through innovative financial assistance, emotional wellness tools, local resource access, and transportation solutions. We understand that single parents face unique challenges, which is why our services are thoughtfully designed with their needs in mind, while also welcoming co-parents, guardians, and allies to walk alongside them. With MomFlex, you’re not just joining an app—you’re becoming part of a movement that stands for strength, connection, and the power of a supportive village. Availability & ContactMomFlex is now available as a web app free. MomFlex Technologies IncLaFortune Djabea603-820-2643www.momflex.org Contact Categories Parenting Read More